The consumer products maker says it will make 5700 non-manufacturing job cuts in order to execute its plan to save up to $10 billion by the end of the fiscal year ending in June 2013
Apple sent out emails out to its customers yesterday about its latest MacBook Pro collection that offers breakthroughs in graphics, Intel’s Sandy Bridge processor, Facetime-enabled HD camera, and its new Thunderbolt technology that is reportedly 12 times faster than...
General Motors has just withdrawn its application today for $14.4 billion in loans from the U.S. Department of Energy. Wait a second, didn’t they file for bankruptcy is 2009? The government had offered up $25 billion in direct loans to...
If you couldn’t find the time away from work – or your wife just wouldn’t let you attend because you already don’t have enough space in your four-car garage – you might want to know about the hottest unveilings...
Exciting news for Apple fans as the Apple Peel 520 is rumoured to be coming to the US. The handy peripheral will allow consumers who have shelled out hundreds of pounds on an iPod to convert their favourite musical device into a fully functioning phone. It will also save space in your handbag or pocket.
Cyclone Power Technologies announced that the centrifugal condenser of their innovative heat regenerative external combustion engine has received a Notice of Patent Allowance from the United States Patent and Trademark Office.
New Jersey-based Honeywell announced that it intends to acquire Sperian Protection in an all-cash transaction. The proposed terms of the transaction include the purchase of all outstanding shares of the French company, valued at USD $1.4 billion and the assumption of Sperian’s net debt.
BAE Systems, a defense, security and aerospace company that provides services and products to the military, will acquire Atlantic Marine Holding Company for $352 million of the company’s existing cash resources. BAE is purchasing Atlantic Marine from JFL-AMH Partners, LLC, a division of J.F. Lehman & Company.
General Motors Company posted a $0.9 billion net income for the first quarter of 2010. The company reported revenue of $31.5 billion and an operating income of $1.2 billion.
Eco-friendly photographers will have a new symbol to look for on their favorite Kodak products. The green and yellow leaf will adorn the packaging of selected Kodak products and services to outline the environmental improvements the company is making to address the sustainability of their products.
American automaker Ford continues its commitment to greener motor vehicles. The company announced that its 2010 Taurusmodel features an interior partially made of renewable and recyclable materials, the eleventh Ford model to do so.
The Dow Chemical Companyand Bain Capital Partners, a leading global private equity firm, have signed a definitive agreement under which Dow’s Styron Division will be divested to an affiliate of Bain Capital for $1.63 billion.
Accenture, along with IBM, leads the field of SAP outsourcing providers, with CSC, Capgemini, Fujitsu and HP giving chase, according to a recent Gartner Magic Quadrant report.
Accenture has among the largest and most-extensive range of SAP capabilities, and IBM has the size, longevity and scale of operations to match, the report states.